In this analysis, we see that EUR/CAD it's continue down toward the $1.51 CAD. So, at the moment, we can see a good opportunit of over 200 pips.. We see how the EUR/CAD it's make a drop to continue downtrend.
In the H8 timeframe, the trend it's so clearly to continue sell EUR/CAD, Also, there's an interesting key point that we can to sell at $1.5361 CAD, that point it's make support in the past 2 points and now, this could be a possible resistance. So, for that, the most it's to wait to confirmation to entry to sell.
And looking the Daily chart it's extremely bearish to sell it.
In the H8 timeframe, the trend it's so clearly to continue sell EUR/CAD, Also, there's an interesting key point that we can to sell at $1.5361 CAD, that point it's make support in the past 2 points and now, this could be a possible resistance. So, for that, the most it's to wait to confirmation to entry to sell.
And looking the Daily chart it's extremely bearish to sell it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.